How the industry got to where it is article?

[utahpilot]

does anyone have a link to a good, concise article that discusses how deregulation, price of oil, growth of LCCs, etc. have contributed to the state of the industry today? my dad asked me how Delta and other majors were flush with cash not long ago and now bleed cash. he wondered, like many, what changed? I have only been in this game for a few years, so my explanation was sketchy and I wondered if someone has a good article that sums it all up.

thx

 

[YourPilotFriend]

"The Southwest effect"

 

[ivauir]

Hard Landing - not an article but a great book.